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{ MORTCACf: Df:ED l
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~' TNIS lIORTCAGC, executed this ~OD_d~ty of L'L~~ ~ 19 80 ;
'.'•.~t taiami, Florida by SAND DOLLAR VILLAS DEVEL PMENT CORPORATION, a~
~;_E~orida corporation , hereinlf ter 1
;;called the ~lortgagor, which term as used hercin in every instance ~
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l~shall include the Mortgagor's successsors, legal representatives ~
~iand assigns, including all subsequent grantees, eitlier voluntary ~
~hy act of the parties or involuntary by operation of iaw, and
~'shall denote the singular and/or plural and the masculine and/or
i~feminine, and natural and/or artificial persons, Whenever and
~~Wherever the context so requires or admits, to INTERCOVTINEVTAL
~iBANK, a Florida banking corporation, with its principal banking
;~quarters at 930 Washington Avenue, Miami Beach, Florida 33139,
,~of the second part, hereinafter called the Mortgagee, which term
~1=as used herein in every instance shall include the Mortgagee's
~isuccessors, legal representatives and assigns, including all
i~subsequent assignees, either voluntary by act of the parties or
;~involuntary by operation of la~,r.
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! iJ I T N E S S E T H:
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; T~:AT for divers good and valuable considerations, and also to
~.'secure the payment of the aggregate sum of money named in the
l~promissory note of even date herec~rith, hereinafter mentioned, a
~'copy of which is attached hereto as Exhibit A, together with
;;interest thereon and any extensions and reneWals thereof and all
~;other suns of money secured herehy as hereinafter provided, the
j2•iortgagor does grant, bargain, sell, alien, remise, release,
~;convey and confirm unto the Mortgagee, in fee simple
:~ (A) the follow'rng real property:
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_~ R~aiMSd • 9~~ in P~yr~rn Of T~oas
OW On d a s s " C i n t a n p i b l s P~ i o ~ f ~ l ~ o p~,
~ See attached Exhibit "B" p~ To Chsplsr 71, 13~1, Aor pf t~7~~
, ~~ CNrt Cira~k Court, ~f. t,uoiR Cpr, Ra ~ I
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~~~ ~i (B) All buildings, structures, and improvements of every
i'nature whatsoever now or hereafter situated on the said property,
~and all f~rniture, furnishings, fixtu~res, macl~inery, eguipment,
~~inventory and materials on site, and personal property of every
. .:nature whatsoever now or hereafter owned by the ;tortgagor and
;located in, on, or used or intended to be used in connection ~ith
.'or witli the operation of said property, buildings, s[ructures or
:;other improvements, including all extensions, additions, imprave-
iments, betterments, renewals and reptacecnents to any of the fore-
.going; and all of the right, title and interest oi the `lort~agor
~in any such personai pro~erty or fixtures si~bject to a con3itional
'sales contract, ctiattel mor[gage or sic~ilar lien or clai~n to~ether
;witl~ the benef it of any deposits or pzyments now on c~~reaf ter made
~by the Mor[gagor or on its bet~alf .
To~ether with all a~2d sin~ular the teneme~ts, her~di[~~n~nts,
, ,easements and appurtenances thereunto belon~ing, or in any c,rise
appertainino and the rc~nts, isst~es, and prof.its ther~of, a~id also
.all the es[ate, ri~ht, title, interest and all clains <1ud drmands
~wt~atsoever, as wcll in laW as in equit}•, vf said :lortga~or iii 1nd
~ t~ the same, and every part acid parce L thereof , a~ict a l sa spe.: i-
fically but no[ by way of li:ni[atian all ~as and electric fi`tures,
~, Q 'radiators, heaters, c~atcr punps, air conditioning eq~~ipment,
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2°~_ ^ N machinery, boilers, ranoes, elev.-tor : and u~otors, bath [ubs. sinks,
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~ _., ~-- ~water closets, Water basins, pipes, f:~ncets, and other plur~bii;f; ~~i.i
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`~__ ~"`"' heatino fixtures, mantels, refriberlting pl:~nts and ic~ bo. ~~,
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~~~ i+indow screeens, scrcen aoors, vcneti,~n blinds, curnices, s[orr,~
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